Unifi, Inc. (UFI) Misses Q1 EPS by 26c

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UNIFIĀ®, Makers of REPREVEĀ®, Announces First Quarter Fiscal 2024 Results

November 1, 2023 4:15 PM EDT

Disciplined cost control measures and reduced capital expenditures aided cash generation

Business remains well positioned for apparel demand recovery

GREENSBORO, N.C.--(BUSINESS WIRE)-- Unifi, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, UNIFI), makers of REPREVE and one of the worlds leading innovators in recycled and synthetic yarns, today released operating results for the first fiscal quarter ended October 1, 2023.

First Quarter Fiscal 2024 Overview

Operating activities provided cash of $7.1 million and, primarily in combination with lower... More